-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
SUMNUFPhJVd8+rYAhYqrQMZH1w8TZbg0G48rv5L2mVTCLU7UccIs2XideTgRH43N
qpEiYpz3nNeLxDBXTiAP1Q==
0001048703-11-000031.txt : 20110128
0001048703-11-000031.hdr.sgml : 20110128
20110128104047
ACCESSION NUMBER: 0001048703-11-000031
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110128
DATE AS OF CHANGE: 20110128
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BLACKROCK MUNICIPAL BOND TRUST
CENTRAL INDEX KEY: 0001167467
IRS NUMBER: 383645602
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0831
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-84326
FILM NUMBER: 11554209
BUSINESS ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
BUSINESS PHONE: 888-441-7762
MAIL ADDRESS:
STREET 1: 100 BELLEVUE PARKWAY
CITY: WILMINGTON
STATE: DE
ZIP: 19809
FORMER COMPANY:
FORMER CONFORMED NAME: BLACKROCK TAX FREE INCOME TRUST
DATE OF NAME CHANGE: 20020213
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Karpus Management, Inc.
CENTRAL INDEX KEY: 0001048703
IRS NUMBER: 161290550
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 183 SULLY'S TRAIL
CITY: PITTSFORD
STATE: NY
ZIP: 14534
BUSINESS PHONE: 5855864680
MAIL ADDRESS:
STREET 1: 183 SULLY'S TRAIL
CITY: PITTSFORD
STATE: NY
ZIP: 14534
FORMER COMPANY:
FORMER CONFORMED NAME: KARPUS MANAGEMENT INC
DATE OF NAME CHANGE: 19971029
SC 13G/A
1
bbk13garps.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)
BlackRock Municipal Bond Trust (BBK)
(Name of Issuer)
Municipal Auction Rate Cumulative Preferred Shares
(Title of Class of Securities)
09249H302
09249H203
(CUSIP Number)
December 31, 2010
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
X Rule 13d-1(b)
__ Rule 13d-1(c)
__ Rule 13d-1(d)
CUSIP No.: 09249H302; 09249H203
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Karpus Management, Inc., d/b/a Karpus Investment Management
I.D. #16-1290558
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
3. SEC Use Only
4. Citizenship or Place of Organization
New York
Number of Shares Beneficially Owned by Each reporting Person With:
5. Sole Voting Power
667
6. Shared Voting Power
N/A
7. Sole Dispositive Power
667
8. Shared Dispositive Power
N/A
9. Aggregate Amount Beneficially Owned by Each Reporting Person
667
10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions)
N/A
11. Percent of Class Represented by Amount in Row ( 9 )
20.87%*
*Item 11, above, is calculated based on the aggregate amount of 3,196 outstanding auction rate preferred shares indicated by the Issuer's N-CSR filing, filed with the U.S. Securities and Exchange Commission on November 08, 2010, dated as of August 31, 2010.
12. Type of Reporting Person (See Instructions)
IA
Item 1.
(a) The Name of the Issuer is: BlackRock Municipal Bond Trust.
(b) The Address of the Issuers Principal Executive Office is: BlackRock Funds, 100 Bellevue Parkway, Wilmington, DE 19809.
Item 2.
(a) The name of the Person Filing is: Karpus Management, Inc., d/b/a Karpus Investment Management (KIM), George W. Karpus, President, Director and controlling stockholder, Jo Ann Van Degriff, Partner Emeritus.
(b) The address of KIMs principal place of business and principal office is: 183 Sullys Trail, Pittsford, New York 14534.
(c) Citizenship: Each of the Principals is a United States citizen. KIM is a New York corporation.
(d) Title of Class of Securities: Municipal Auction Rate Cumulative Preferred Shares
(e) CUSIP Number: 09249H302; 09249H203
Item 3. If this statement is filed pursuant to § § 240.13d 1 ( b ) or 240.13d 2 ( b ) or ( c ), check whether the person filing is a:
(a) ___ Broker or dealer registered under section 15 of the Act ( 15 U.S.C. 78o ).
(b) ___ Bank as defined in section 3 (a) ( 6 ) of the Act ( 15 U.S.C. 78c ).
(c) ___ Insurance company as defined in section 3 ( a ) ( 6 ) of the Act ( 15 U.S.C. 78c ).
(d) ___ Investment company registered under section 8 of the Investment Company Act of 1940 ( 15 U.S.C. 80 a ).
(e) X An investment adviser in accordance with § 240.13d 1 ( b ) ( 1 ) ( ii ) ( E ).
(f) ___ An employee benefit plan or endowment fund in accordance with § 240.13d 1 ( b ) ( 1 ) ( ii ) ( F ).
(g) ___ A parent holding company or control person in accordance with § 240.13d 1 ( b ) ( 1 ) ( ii ) ( G ).
(h) ___ A savings association as defined in Section 3 ( b ) of the Federal Deposit Insurance Act ( 12 U.S. C. 1813 ).
(i) ___ A church plan that is excluded from the defininition of an investment company under section 3 ( c ) ( 14 ) of the Investment Company Act of 1940 ( 15 U.S. C. 80a 3 ).
(j) ___ Group, in accordance with § 240.13 1 ( b ) ( 1 ) ( ii ) ( J ).
Item 4.
(a) Amount beneficially owned: 667 shares
(b) Percent of class: 20.87%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 667 shares
(ii) Shared power to vote or to direct the vote: N/A
(iii) Sole power to dispose or to direct the disposition of: 667 shares
(iv) Shared power to dispose or to direct the disposition of: N/A
Item 5. Ownership of Five Percent of Less of a Class.
If this statement is being filed to report the fact that as of the date herof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: .
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Accounts managed by KIM (the "Accounts") have the right to receive all dividends from, and any proceeds from the sale of the shares. None of the Accounts has an interest in shares constituting more than 5% of the shares outstanding.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.
Karpus Management, Inc.
By: /s/
Name: Cody B. Bartlett Jr., CFA
Title: Managing Director of Investments
Date: January 28, 2011
-----END PRIVACY-ENHANCED MESSAGE-----